[ANN] [ITO] HoToKeN | A Gamified Online-to-Offline Economy for Emerging Asia

[basehype]

For what can be spent loyalty points?

User can pay for goods and services, buy different things in the games, activate new promotions.

[SantiagoDA]

Can HTKN compete with fial money?

[AbrammFry]

For what can be spent loyalty points?

User can pay for goods and services, buy different things in the games, activate new promotions.

Tokens and points is the same thing?

[Falkgornos]

How can the merchant convert HHKN to THB?

[Rexrace]

Can HTKN compete with fial money?

Maybe HTKN won’t become an alternative to fiat currency in the near- nor mid-term. But at a later stage, when HTKN’s value stabilizes, both in the eyes of merchants and consumers, it is possible that HTKN might become a substitute for fiat and all network’s transactions will be made with it.

[Rexrace]

What technology is used to translate a reserved token into HTKN?

Hotoken cooperates with Stellar to implement crypto-payments in the HotNow.

[SantiagoDA]

Can HTKN compete with fial money?

Maybe HTKN won’t become an alternative to fiat currency in the near- nor mid-term. But at a later stage, when HTKN’s value stabilizes, both in the eyes of merchants and consumers, it is possible that HTKN might become a substitute for fiat and all network’s transactions will be made with it.

Yes, I understand. Crypto-currencies are not so widespread in countries. But HoToKeN gives hope that the situation will change and we will enter a new era of economic relations. 

[ellleM]

What technology is used to translate a reserved token into HTKN?

Hotoken cooperates with Stellar to implement crypto-payments in the HotNow.

Why did they choose this company for cooperation?

[basehype]

For what can be spent loyalty points?

User can pay for goods and services, buy different things in the games, activate new promotions.

Tokens and points is the same thing?

No, it is not. HotPoints is the virtual currency for the HotNow. And HTKNs are rewarded with loyal customers. 

[Rexrace]

What technology is used to translate a reserved token into HTKN?

Hotoken cooperates with Stellar to implement crypto-payments in the HotNow.

Why did they choose this company for cooperation?

By integrating Stellar and its own Lumens cryptocurrency protocol with HoToKeN, merchants can accept micropayments and more importantly HTKN instantaneously at a very low cost, improving the overall appeal and fungibility of the system for both users and vendors.

[Rexrace]

For what can be spent loyalty points?

User can pay for goods and services, buy different things in the games, activate new promotions.

Tokens and points is the same thing?

No, it is not. HotPoints is the virtual currency for the HotNow. And HTKNs are rewarded with loyal customers. 

There is another option given to users who participate in HotNow, they can transfer HTKN amongst themselves.

[olegklymko]

What will happen next when HoToKeN finish selling?

[AbrammFry]

For what can be spent loyalty points?

User can pay for goods and services, buy different things in the games, activate new promotions.

Tokens and points is the same thing?

No, it is not. HotPoints is the virtual currency for the HotNow. And HTKNs are rewarded with loyal customers. 

There is another option given to users who participate in HotNow, they can transfer HTKN amongst themselves.

How does this happen?

[basehype]

How can the merchant convert HHKN to THB?

Two methods. 1) Using the distributed exchange capablities inherent in any Stellar based coin, you can trade HTKN for THB by dealing with anyone offering THB for Lumens (the Stellar native currency) or other currency pairs without needing to store your tokens in an exchange. or 2) There will be a few exchanges (to be announced) that HTKN will be on which will let you convert to fiat currency.

[basehype]

For what can be spent loyalty points?

User can pay for goods and services, buy different things in the games, activate new promotions.

Tokens and points is the same thing?

No, it is not. HotPoints is the virtual currency for the HotNow. And HTKNs are rewarded with loyal customers. 

There is another option given to users who participate in HotNow, they can transfer HTKN amongst themselves.

How does this happen?

These are two-way actions: when consumer want to access the promotion he need to transfer HTKN to the merchant. And merchants rewards HTKN to consumers once consumers fulfill certain condition defined by the merchants.

[Rexrace]

What will happen next when HoToKeN finish selling?

As part of this next-step evolution of its proven business model, HotNow will transform into a gamified ecosystem based on an utility access token (based on Stellar Lumens protocol, symbol: HTKN) and micro-transactions.

[Falkgornos]

What will happen next when HoToKeN finish selling?

As part of this next-step evolution of its proven business model, HotNow will transform into a gamified ecosystem based on an utility access token (based on Stellar Lumens protocol, symbol: HTKN) and micro-transactions.

How will HotNow stimulate the interest of consumers?

[AbrammFry]

For what can be spent loyalty points?

User can pay for goods and services, buy different things in the games, activate new promotions.

Tokens and points is the same thing?

No, it is not. HotPoints is the virtual currency for the HotNow. And HTKNs are rewarded with loyal customers. 

There is another option given to users who participate in HotNow, they can transfer HTKN amongst themselves.

How does this happen?

These are two-way actions: when consumer want to access the promotion he need to transfer HTKN to the merchant. And merchants rewards HTKN to consumers once consumers fulfill certain condition defined by the merchants.

Now I understand everything. It's great that the HotNow is so thoughtful. I really want to try the upgraded version, when all the features become available.

[dimon2307]

Is there a ready-made prototype of the project? Now people do not want to invest in an idea alone. Thanks in advance for the answer.

[vadimazov]

What do I need to do to get benefits in HotNow ecosystem?